TRS govt fulfills first election promise of 2014

The ruling TRS government fulfills the first promise of 2014 Assembly elections ..completely !!. Chief Minister, K Chandrasekhar Rao had promised to give a waiver of about Rs 17000 crore for agriculture loans to farmers.

The TRS govt accorded administrative sanction for an amount of Rs 4,000 crore to the Commissioner of Agriculture towards the fourth and final installment of loan waiver .

Telangana government issued orders waiving the loans of farmers in the last phase. The Chief Minister, K Chandrasekhar Rao, who announced a relief of Rs 17,000 benefitting 36 lakhs farmers has fulfilled his promise.

Earlier The Telangana govt had released Rs 4,250 crore as the first installment and Rs 4,250 crore as second installment. The third installment was released in two parts of Rs 2019 crore.